|
Post by Lonegunmen on Jan 7, 2022 19:06:28 GMT
Not at all, I have backed them to stay up. They are playing without fear as they are expected to go down. Some teams are playing them as through they will be a push over so. Derby have nothing to lose its a win win situation for them, go down and everyone will say what a great fight they put up, stay up and everyone will say what a cracking job Rooney did. Will they stay up - strong possibility imo unless they find no buyer and have to offload their players - or HMRC do the nasty thing. Do the players deserve to stay up - yes based on what they are doing. Does the club deserve to stay up - absolutely not having cheated for years and condemning Wycombe to a relegation that should not have been. Do the fans deserve to stay up - of course with the support they are giving the team but as usual they will suffer for the wrong doings of the owners. Do I want them to stay up - no because that would mean the owners got away with all their cheating - just sorry for the fans There's two ways of looking at this. A bent owner fleecing the money, An owner breaking the rules to what he says are a benefit to the club but got caught out. Then there is a team of players with a manager whom has actually done amazingly well consider he has both hands tied behind his back. Whether or not you like Rooney at a personal level, what he has done with a rag tag squad is a miracle. Then, there's their fans whom have done nothing wrong in all of this other than support their team. What happened last season was not their fault but it was most certainly the fault of their owner whom is not a fit and proper person to be owning a club...and any other Board of Directors members whom were in on the various wroughts. They should be thrown out of football.
|
|
|
Post by Marc on Jan 7, 2022 19:33:52 GMT
And Mike Ashley has put a £50m bid in to take over Derby County.
|
|
|
Post by Lonegunmen on Jan 8, 2022 2:22:31 GMT
Oh dear, what did the Saudis pay him for Newcastle? A tidy profit to be had.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 8, 2022 8:36:35 GMT
Will they stay up - strong possibility imo unless they find no buyer and have to offload their players - or HMRC do the nasty thing. Do the players deserve to stay up - yes based on what they are doing. Does the club deserve to stay up - absolutely not having cheated for years and condemning Wycombe to a relegation that should not have been. Do the fans deserve to stay up - of course with the support they are giving the team but as usual they will suffer for the wrong doings of the owners. Do I want them to stay up - no because that would mean the owners got away with all their cheating - just sorry for the fans There's two ways of looking at this. A bent owner fleecing the money, An owner breaking the rules to what he says are a benefit to the club but got caught out. Then there is a team of players with a manager whom has actually done amazingly well consider he has both hands tied behind his back. Whether or not you like Rooney at a personal level, what he has done with a rag tag squad is a miracle. Then, there's their fans whom have done nothing wrong in all of this other than support their team. What happened last season was not their fault but it was most certainly the fault of their owner whom is not a fit and proper person to be owning a club...and any other Board of Directors members whom were in on the various wroughts. They should be thrown out of football. I thought that is what I said in slightly different words but hey ho. If Ashley takes over he will be able to pick up all the players Newcastle are going to release on the cheap......
|
|
|
Post by rickyqpr on Jan 8, 2022 12:16:42 GMT
Ashley and Derby - a marriage made in heaven. His plan must be to buy at fire sale price, stabilize and sell at a mark up - to hell with the football in the meantime. I sort of hope f0r Derby fans that it does not happen, even though they no doubt will be delighted - in the short term.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 8, 2022 13:55:02 GMT
Ashley and Derby - a marriage made in heaven. His plan must be to buy at fire sale price, stabilize and sell at a mark up - to hell with the football in the meantime. I sort of hope f0r Derby fans that it does not happen, even though they no doubt will be delighted - in the short term. Maybe more to this than meets the eye. Apparently Ashley already has a large unit of his sports company in the Pride Park Estate (I understand he owns that land as well) and he would aim to buy the stadium from who ever owns it now. That means he would own a pretty big and diverse valuable area. Probably similar to what Car Giant were dreaming of but Ashley could probably make a fortune on this deal. Hate the man but he is not as stupid as he leads people to believe. He may even put a small amount of cash into the club and be a fans hero for a short while before they turn on him - especially if he cashed in and sold the land and stadium .........
|
|
|
Post by rickyqpr on Jan 14, 2022 14:28:54 GMT
Wayne Rooney’s Derby hit with new transfer embargo and Jagielka forced to leave after crisis club miss takeover deadline Alan Nixon 12:46, 14 Jan 2022Updated: 13:06, 14 Jan 2022 WAYNE Rooney's Derby County are in meltdown - after the EFL blocked any new signings. Veteran Phil Jagielka, 39, has now left the Rams when the club's application for a contract extension was rejected by the football authorities. Wayne Rooney has been blocked from making new signings by the EFL Wayne Rooney has been blocked from making new signings by the EFLCredit: Getty Others on short-term deals could now be left without a home and some with escape clauses in this window may now look to leave. Rooney's hopes of a loan swoop for Manchester United babe Amad Diallo is shelved and even a short-term deal for keeper Frank Fielding is off. The EFL have cracked down hard as Derby once again missed a deadline to find a bidder willing to put funds in to get through the season - with no guarantees of being passed as owners. Former Newcastle owner Mike Ashley is interested and has been in discussions but is unable to make a bid until the problem areas are sorted out. Former chairman Andy Appleby's consortium are in a position to bid but have yet to finalise a deal or a plan to get round some of the claims that have to be paid. One of the main obstacles is Middlesbrough and Wycombe claiming huge compensation for suffering as a result of Derby's FFP offences.https: www.thesun.co.uk/sport/17324304/wayne-rooney-derby-transfer-jagielka/
|
|
|
Post by rickyqpr on Jan 24, 2022 16:32:50 GMT
Fans of most clubs thinking 8 days until the transfer window closes. Derby fans thinking 8 days and we could be liquidated.... Huge irony that Forest fans were waving cash at the Forest fans on Saturday in the local derby.... there but for fortune go Forest, still living off the Matty Cash inflow. Think that Derby will survive though. Wycombe and Middlesbrough have complicated matters with their compensation claims - I have more sympathy with Wycombe than Boro though. Hard to complete a purchase unless the two clubs settle or drop their claims though, it could be a huge contingent liability for any new owner. The administrator looking to take it to the wire. Meanwhile Chelsea picked up their 17 year old right back today (Williams) - I wonder how many clubs he will play for without ever featuring in the Chelsea first team - but that is just another scandal.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 25, 2022 9:13:31 GMT
If I were Forest fan I would keep quiet for the moment - their spending could come back to haunt them in the near future.
Derby will probably survive with some last minute promises and with no-one wanting to be held responsible for putting them out of business. But promises are one thing and I would not bet on them still being alive at the end of season and if they are likely to start next season with another points deduction which ever division they are in. The EFL are still playing it hard wanting proof Derby have enough cash to fulfil their fixture list which shows what a mess Derby are in. Without that assurance Derby could still fold and if not Bury and others will rightly have a case against the EFL.
I can support the Wycombe claim 100% because there is a very clear-cut case that Derby should have been deducted points last season and that definitely would have kept Wycombe up. I'm surprised they did not claim more money. Boro's case is slightly less clear. While it is clear they missed out on a play-off place, the only direct result of that was they lost the gate and TV income from the first round of play-off games. They cannot claim they would have won and reached the final or that they would have been promoted.
Given that their claim can only be justified on 2 games loss of income it is difficult to understand why their claim is a multiple of Wycombes who lost a whole season of increased Championship income.
An interesting quote from Wycombe over the weekend said that Derby's administrators have done a "good" job in painting Wycombe as the bad boys who trying to put Derby out of business - part of a tactic to make Wycombe back down or compromise. Wycombe pointed out they do not want to put anyone out of business and it is clear that it is Derby who have been breaking the rules.
As fo Chelsea their loan the world tactics are being restricted by new FIFA rules limiting the number of overseas loans a club can make as 8 per season in and 8 per season out. Not sure of the current numbers but a couple of seasons ago Chelsea had more than 30 players on their books loaned out around Europe.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 27, 2022 11:01:17 GMT
Pathetic - Derby administrators had a deadline to provide the EFL with proof of funding to complete the season before Feb 1st - they have failed. So what do the EFL say -'that's ok then we'll give another month". In my days a deadline was a deadline and if you missed it you suffered some consequence - kicking Derby out may be a bit strong but maybe another 12 points deduction would be fair. Or what happens in March if they do not provide proof of funding - will they kick Derby out of the Championship and declare all their results for 3 quarters of the season void - that would have a big impact on the league table considering their recent wins against some of the top clubs while we managed to pick up all 3 points at their place. Plus the decision would be so late in et season clubs will not know where they stand or what they have to do. And if they are kicked out do the EFL relegate only 2 clubs this season or still relegate 3 and bring up 4 from League 1. Derby's owners actions are in danger of messing up the whole season so that extra points deduction I suggest is quite appropriate. I wonder what would happen if we try to complete a fee paying transfer at the end of next week. I'm sure the EFL would say no you have missed the deadline. I can only think Derby have agreed a deal with someone to sell Lawrence or a couple of others so they can pay the wages for February. If they miss a salary payment they are dead. www.bbc.com/sport/football/60146360
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 27, 2022 11:09:11 GMT
Pathetic - Derby administrators had a deadline to provide the EFL with proof of funding to complete the season before Feb 1st - they have failed. So what do the EFL say -'that's ok then we'll give another month". In my days a deadline was a deadline and if you missed it you suffered some consequence - kicking Derby out may be a bit strong but maybe another 12 points deduction would be fair. Or what happens in March if they do not provide proof of funding - will they kick Derby out of the Championship and declare all their results for 3 quarters of the season void - that would have a big impact on the league table considering their recent wins against some of the top clubs while we managed to pick up all 3 points at their place. Plus the decision would be so late in the season other clubs will not know where they stand or what they have to do until it is too late. And if they are kicked out do the EFL relegate only 2 clubs this season or still relegate 3 and bring up 4 from League 1. Derby's owners actions are in danger of messing up the whole season so that extra points deduction I suggest is quite appropriate. I wonder what would happen if we try to complete a fee paying transfer at the end of next week. I'm sure the EFL would say no you have missed the deadline. I can only think Derby have agreed a deal with someone to sell Lawrence or a couple of others so they can pay the wages for February. If they miss a salary payment they are dead. www.bbc.com/sport/football/60146360
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 27, 2022 11:22:22 GMT
Pathetic - Derby administrators had a deadline to provide the EFL with proof of funding to complete the season before Feb 1st - they have failed. So what do the EFL say -'that's ok then we'll give another month". In my days a deadline was a deadline and if you missed it you suffered some consequence - kicking Derby out may be a bit strong but maybe another 12 points deduction would be fair. Or what happens in March if they do not provide proof of funding - will they kick Derby out of the Championship and declare all their results for 3 quarters of the season void - that would have a big impact on the league table considering their recent wins against some of the top clubs while we managed to pick up all 3 points at their place. Plus the decision would be so late in the season other clubs will not know where they stand or what they have to do until it is too late. And if they are kicked out do the EFL relegate only 2 clubs this season or still relegate 3 and bring up 4 from League 1. Derby's owners actions are in danger of messing up the whole season so that extra points deduction I suggest is quite appropriate. I wonder what would happen if we try to complete a fee paying transfer at the end of next week. I'm sure the EFL would say no you have missed the deadline. I can only think Derby have agreed a deal with someone to sell Lawrence or a couple of others so they can pay the wages for February. If they miss a salary payment they are dead. www.bbc.com/sport/football/60146360Local press in Derby are reporting that today's meeting between the EFL and Derby administrators was called by local Derby MP's who are also reported to have attended with implications of the politicians putting pressure on the EFL. Pity the LBH&F council and MP's did not put on pressure when we were being fined.
|
|
|
Post by rickyqpr on Jan 27, 2022 14:01:52 GMT
Pathetic - Derby administrators had a deadline to provide the EFL with proof of funding to complete the season before Feb 1st - they have failed. So what do the EFL say -'that's ok then we'll give another month". In my days a deadline was a deadline and if you missed it you suffered some consequence - kicking Derby out may be a bit strong but maybe another 12 points deduction would be fair. Or what happens in March if they do not provide proof of funding - will they kick Derby out of the Championship and declare all their results for 3 quarters of the season void - that would have a big impact on the league table considering their recent wins against some of the top clubs while we managed to pick up all 3 points at their place. Plus the decision would be so late in the season other clubs will not know where they stand or what they have to do until it is too late. And if they are kicked out do the EFL relegate only 2 clubs this season or still relegate 3 and bring up 4 from League 1. Derby's owners actions are in danger of messing up the whole season so that extra points deduction I suggest is quite appropriate. I wonder what would happen if we try to complete a fee paying transfer at the end of next week. I'm sure the EFL would say no you have missed the deadline. I can only think Derby have agreed a deal with someone to sell Lawrence or a couple of others so they can pay the wages for February. If they miss a salary payment they are dead. www.bbc.com/sport/football/60146360Yeah it is a tricky one for sure. But I always felt that so long as there were open ended contingent liabilities out there, that a deal would be unlikely. I suspect the administrator has provided proof of interested parties, subject to the claims. They have another month to settle those claims, so iI expect that the EFL will also apply the heat to Wycombe and Middlesboro to settle - so that it just comes back to a number - then it is back to the interested parties to see if they are still interested. Such a situation benefits not naming the preferential party. All makes sense, unlikely that a team will force the liquidation of another, unlikely that a deal can be done without a settlement, it needs more time. Of course, if in 4 weeks time the situation is unchanged then that will be contemptable. But imagine if we were in a similar spot and a deal was on the table, but we could not meet the deadline and had to be liquidated? There but for fortune goes Paladini.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 27, 2022 14:42:39 GMT
Yeah it is a tricky one for sure. But I always felt that so long as there were open ended contingent liabilities out there, that a deal would be unlikely. I suspect the administrator has provided proof of interested parties, subject to the claims. They have another month to settle those claims, so iI expect that the EFL will also apply the heat to Wycombe and Middlesboro to settle - so that it just comes back to a number - then it is back to the interested parties to see if they are still interested. Such a situation benefits not naming the preferential party. All makes sense, unlikely that a team will force the liquidation of another, unlikely that a deal can be done without a settlement, it needs more time. Of course, if in 4 weeks time the situation is unchanged then that will be contemptable. But imagine if we were in a similar spot and a deal was on the table, but we could not meet the deadline and had to be liquidated? There but for fortune goes Paladini. Certainly tricky and I really do have a lot of sympathy for the Derby fans and Wycombe but not for anyone else. The Clubs owners repeatedly cheated covered up and delayed, the EFL could have taken action last season which would not have solved Derby's financial problems but would have at least relegated the right club and removed a couple of issues to make the current situation easier to deal with. Now everyone is bending over backwards to help Derby which as a football fan I find good, but inconsistent with the way they, and the EFL especially, treated some other clubs over the last few years. How long will the tax man wait for his money? The other matter that complicates this situation is ownership of the ground. The ex club owner bought the ground at a highly inflated price to fund the club and get around FFP. Reports say he paid 60 million and that he took a 20 million mortgage on the ground to finance the purchase. So not only does a potential bidder need to value the club, sort out the Wycombe/ Boro claims, work out how to keep the club viable financially, but also has to deal with the not too straight former owner who still owns the mortgaged ground. The lender surely will want their mortgage repaid. If a bidder cannot reach a deal on purchase or use of the stadium could we see Derby ground sharing with Coventry for example? - I doubt Forest would be interested! So at this point i doubt a deal is as close as the Administrators keep implying and until some of these fringe but substantial issues are resolved I cannot see a firm bid being put on the table unless it includes some wide "subject to" clauses that consequentially might not give the EFL the proof of funding they require. It is a bit like a 3 dimensional jigsaw puzzle with too many parties with conflicting interests, which is a situation I'm sure someone like Mike Ashley might try to take advantage of to get a cheap deal.
|
|
|
Post by rickyqpr on Jan 28, 2022 13:28:50 GMT
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 28, 2022 14:02:34 GMT
Surprised they are not asking more. We probably could match that fee but not the wages.
|
|
|
Post by rickyqpr on Jan 28, 2022 21:01:18 GMT
Breaking news: Derby's debts at £60m Sky Sports News can tonight reveal the true scale of Derby County’s debts - it is more than a staggering £60m.
One source has told Sky Sports News they have never seen such a high level of debt in any Championship football club.
The club has amassed almost £30m of debt with HMRC, owes a further £20m to the US investment firm MSD via various loans secured on the stadium, and a further £10m is owed to other “football creditors”.
Several more millions are owed to non-secured creditors, though they are likely to receive much less than the full amount.
|
|
|
Post by rickyqpr on Feb 2, 2022 17:08:54 GMT
www.bbc.co.uk/sport/football/60222422Given what Derby are guilty of..... Given the extensions they have been granted.... Given that we still do not know if the will complete their fixtures..... Given that the deal saved the club in the short term..... I think that Rooney and the Derby fans should stop winging and be grateful if they survive. I an amazed by the sympathy that Sky Sport afford Derby. Getting a bit annoyed with the poor Derby line....no one felt sorry for us. I do not want them to fold.....but come on! Wayne Rooney: Derby boss says clubs have taken advantage of their situation after Luke Plange sale Last updated on1 February 20221 February 2022. Derby County boss Wayne Rooney says other clubs have taken advantage of their situation following the sale of Luke Plange on transfer deadline day. The 19-year-old striker agreed a three-and-a-half year deal with Crystal Palace the day after scoring in Derby's 2-2 draw with Birmingham City. He is one of several youngsters brought through this season by Rooney with the club in administration. And he will remain at Pride Park on loan until the end of the campaign. "Some people might look at it and say, it's young players that (have) gone out, but we've been relying on young players all season, so it's a big hit for us," Rooney told BBC Radio Derby. "Ideally I'd have wanted him to stay with us, maybe for another 18 months, and see him develop. "For the club as a whole, it would have been better financially if that was the case." Plange only made his Rams debut on 4 December, in their game at Bristol City, and has so far scored three goals in eight appearances. He was not the only Derby prospect to sign for a Premier League club last month, with 18-year-old full-back Dylan Williams joining Chelsea. Among their experienced players, Phil Jagielka and Sam Baldock were released and Graeme Shinnie sold to League One club Wigan. "We're in a difficult position and I feel other clubs have taken advantage of that," said Rooney. "Whether that's Wigan with Graeme Shinnie, Crystal Palace with Luke Plange, they've seen an opportunity. "There's a reason why they've come in and tried to do it now because they know they are getting the players a lot lower than they are actually valued at." Derby's future remains in doubt with administrators Quantuma yet to name a preferred bidder for the club and they must provide proof of funding for the rest of the season to the English Football League by the beginning of March. About 10,000 fans marched though Derby in support of the club on Sunday, and Rooney turned down the chance to speak to former club Everton about their managerial position - now filled by former England team-mate Frank Lampard - in order to continue the fight against relegation. With the transfer window closed, he hopes there will be no more departures from the playing staff. "It's important for this club to stay alive, but if they want us to be able to do the job and try to stay in this division, we can't afford for any more players to go out," he added. Derby are seven points from safety ahead of Wednesday's away game against Huddersfield Town.
|
|
|
Post by blatantfowl on Feb 2, 2022 20:17:42 GMT
I agree Ricky, I don’t want Derby wound up but it’s rich for Rooney to talk of clubs taking advantage when he was a player signed by Derby in a deal way beyond their means and a contributing factor to their current perilous state. Derby took advantage by breaking the rules to get promoted and failing, a transgression far greater than picking up a player on the cheap.
I’m not convinced Everton really wanted him but if taken at face value it does show quite some integrity to stay.
|
|
|
Post by rickyqpr on Feb 4, 2022 13:10:58 GMT
www.bbc.co.uk/programmes/p0bm05b2Statue for Rooney. Signing players like Rooney was always part of the problem - but yeah, give him a statue. He has remained on, doing a great job, but on a massive salary. What a legend.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Feb 5, 2022 15:03:44 GMT
www.bbc.co.uk/programmes/p0bm05b2Statue for Rooney. Signing players like Rooney was always part of the problem - but yeah, give him a statue. He has remained on, doing a great job, but on a massive salary. What a legend. Is this for real - if so who ever is behind it and paying for it really should have more important things on their mind and more important things to spend money on. Meanwhile the EFL have ruled that Wycombe and Boro's claims are "football related debts" and that Derby cannot use partial liquidation ploys to get out of the claims. So former owner Snake Morris has invited both clubs to sue him personally for their claims - which would mean hat Derby football club are no longer liable making a sale easier, and he can then claim in court it has nothing to do with him. Even now Morris is still playing games with all three clubs and the EFL but I think everyone has woken up to the fact the man cannot be trusted. Talking of which......
|
|
|
Post by nomar on Feb 5, 2022 17:17:33 GMT
Derby fans were revelling in Mel Morris's chicanery. They all knew what Derby were doing was wrong but Derby walked straight up to the FPL's front door, smashed the window with a brick and then stuck two fingers at them with one hand while the other was holding up the middle finger.
Not sure what they thought was going to happen next, but they mocked every other club and their fans who weren't clever enough to follow their 'creative accounting' practices.
Livelihoods and jobs get affected by this crap, and as usual the agents fill their pockets whilst local businesses go under because they don't get paid.
Sorry, but I shed no tears for DCFC or their fans.
And as Clive Whittingham rightly says, Derby aren't going to be the last club this happens to either. I get the feeling that Forest, Reading and Bristol City are following close behind.
|
|
|
Post by rickyqpr on Feb 11, 2022 13:05:36 GMT
|
|
|
Post by surreychad on Feb 11, 2022 14:30:38 GMT
I hope they don't back down and accept the minimum. Wycombe have played by the rules and were denied a chance to build.
|
|
|
Post by surreychad on Feb 28, 2022 17:03:56 GMT
|
|
|
Post by nomar on Feb 28, 2022 20:09:13 GMT
Just let them go down to League 1, innit.
|
|
|
Post by surreychad on Mar 1, 2022 11:32:53 GMT
Just let them go down to League 1, innit. That's not a punishment though, it just funny to see.
|
|
|
Post by rickyqpr on Mar 12, 2022 10:08:55 GMT
www.bbc.co.uk/sport/football/60694665www.bbc.co.uk/sport/football/60695605Do these administrators know what they are doing? Another points deduction next season on the cards - if they make it that far. Must be a complex situation, but if still no preferred bidder, with bids rejected, then they are at least 3 months away from any sort of rescue. Meanwhile, no news about a Wycombe settlement and no update from the EFL. What a huge mess!
|
|
|
Post by rickyqpr on Mar 12, 2022 11:27:25 GMT
What a proposition this club is. It has no stadium, no players come June, likely relegation. a potential law suit from Wycombe, and a 15 point penalty to kick off next season. It would seem that although the club does not own the stadium, any purchase needs to include the ground. Morris owns the ground, but the administrators are also representing him as well. A possible conflict of interest, or the only way out for survival. But when the ground was sold to Morris (crazily permitted within the rules at the time) it was valued at £80m. Now is seems that the stadium value to any deal is £20m. The prize is so great that owners have been prepared to gamble ridiculously to achieve, and we certainly know about going for broke, but the situation at Derby beggars belief. But the administrators must believe that they can still get closer to £50m to reject the £30m out of hand. The EFL just want the season to be completed. But surely, they cannot allow the situation to remain unresolved beyond the close of this season can they?
|
|
|
Post by robindubois on Mar 12, 2022 12:53:44 GMT
What a proposition this club is. It has no stadium, no players come June, likely relegation. a potential law suit from Wycombe, and a 15 point penalty to kick off next season. It would seem that although the club does not own the stadium, any purchase needs to include the ground. Morris owns the ground, but the administrators are also representing him as well. A possible conflict of interest, or the only way out for survival. But when the ground was sold to Morris (crazily permitted within the rules at the time) it was valued at £80m. Now is seems that the stadium value to any deal is £20m. The prize is so great that owners have been prepared to gamble ridiculously to achieve, and we certainly know about going for broke, but the situation at Derby beggars belief. But the administrators must believe that they can still get closer to £50m to reject the £30m out of hand. The EFL just want the season to be completed. But surely, they cannot allow the situation to remain unresolved beyond the close of this season can they? From memory Morris borrowed 20 million to help buy the ground for 80 million so he would need to get back 20 million for the ground so he can repay the loan and even then he would still take a massive hit for the deliberate overprice he paid. Serves him right. If the offer on the table was 30 million including 20 million for the ground it would mean Derby as a football club was being valued at 10 million! With that value there is no way they can meet the 25p in the pound minimum payment to creditors especially with the tax man involved. So the 15 point deduction cannot be avoided as far as I can see - question is when should it be applied - this season or next. In theory it should only be applied if and when the creditors agreement is reached and the way things are going that could be another season away. The EFL have bent over backwards with extended deadlines and say that they have seen proof of funding to get through this season - how they have seen and believe that I do not know. I get the feeling they just want to get to the end of the season with Derby still alive then hammer them if a satisfactory deal has not been done. But in that case if Derby do manage to stay up the EFL are back in a Wycombe type situation by allowing a bankrupt rule breaking club to avoid relegation again while probably a Reading go down - not that Reading can complain too much either.
|
|